Answer:
$363,500
Explanation:
Gross profit = Revenue - Cost of Goods Sold.
In the case
Revenue = $578,000.
The Cost of Goods Sold: COGS
Inventory turn over = COGS/ Average turnover
Average turnover = Opening stock + closing stock/2
In this case Opening stock + Closing stock = $110,000
Average turnover = $110,000 /2 =$55,000
Therefore:
3.9 = COGS/$55,000
COGS = $55,000 x 3.9
COGS =$214,500
Gross profit = $578,000 - $214,500
Gross profit = $363,500
Answer:
Resource View
Explanation:
A resource view or resource-based view is a strategic tool, hence its use by managers. It is bascially employed by management for the assessment of an organisation's strategic resources or assets in order to enhance the efficient and effective use of all available resources to maximize competitive advantage.
Some refer to the Resource Based View (RBV) as a managerial framework specifically employed to strategically maximize resource use for sustained advantage over competitors.
In business, a specific commitment to achieve a measurable result within a stated period of time is called a goal.
What is business?
The term business refers to the earning the profit. The business is the taking the risk and the earning the profit. The business are the mainly focuses to the activity of the creating, distribution and selling concept based.
Every business are the specific goal are the commitment to the short and the long period of the time are the measurable of the goal. The goal are the aim of the company to achieve in the future.
As a result, the business are the to achieve a measurable result within a stated period of time is called a goal.
Learn more about on business, here:
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Answer:
$220,000
Explanation:
Net Amount of assets taken:
= Fair value of assets - Liabilities taken over
= $760,000 - $180,000
= $580,000
Value of Goodwill acquired by Bridgeport:
= Purchase consideration - Net Amount of assets taken
= $800,000 - $580,000
= $220,000
Therefore, the amount of goodwill acquired by Bridgeport is $220,000.
